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\u3010\u58f9\u9706\u3011\u745e\u7a57\uff1a27 \u5e74 CoWoS \u589e\u957f\u8d85 75%\uff0cCPO 8-10 \u4e07\u5957\uff0cAI \u786c\u4ef6\u7ee7\u7eed\u6269\u5f20\u745e\u7a57\u8bc1\u5238\u53d1\u5e03 AI \u670d\u52a1\u5668\u4ea7\u4e1a\u94fe\u7535\u8bdd\u4f1a\u7eaa\u8981\uff0c\u5bf9 NVIDIA \u4e0b\u4e00\u4ee3 Vera Rubin\uff08VR\uff09\u5e73\u53f0\u3001HBM\u3001NPO\/CPO \u5149\u4e92\u8fde\u4ee5\u53ca\u5148\u8fdb\u5c01\u88c5\u8d8b\u52bf\u8fdb\u884c\u4e86\u8be6\u7ec6\u5206\u6790\u3002\u745e\u7a57\u8ba4\u4e3a\uff0c\u968f\u7740 Agentic AI \u548c\u63a8\u7406\u9700\u6c42\u6301\u7eed\u589e\u957f\uff0cAI \u57fa\u7840\u8bbe\u65bd\u6b63\u5728\u8fdb\u5165\u65b0\u4e00\u8f6e\u5347\u7ea7\u5468\u671f\uff0cGPU\u3001HBM\u3001\u5149\u4e92\u8fde\u4ee5\u53ca\u5148\u8fdb\u5c01\u88c5\u5c06\u6210\u4e3a\u6838\u5fc3\u53d7\u76ca\u65b9\u5411\u3002\u6838\u5fc3\u89c2\u70b9\u5982\u4e0b\uff1a1\uff09\u9884\u8ba1 VR200 NVL72 \u5c06\u4e8e 2027 \u5e74\u8fce\u6765\u5f3a\u52b2\u653e\u91cf\uff0c\u5e76\u4e8e 2026 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\u53ef\u80fd\u91cd\u65b0\u63a8\u52a8 HBM \u5bb9\u91cf\u589e\u957f\u30024\uff09\u9884\u8ba1 2027 \u5e74 CoWoS \u540c\u6bd4\u589e\u957f\u8d85\u8fc7 75%\uff0c\u4e3b\u8981\u7531 NVIDIA \u548c Broadcom\uff08AVGO\uff09\u63a8\u52a8\uff0c\u800c CoPoS \u6709\u671b\u5728 2028 \u5e74\u8fdb\u5165\u89c4\u6a21\u5316\u9636\u6bb5\u30025\uff09Intel \u7684 EMIB-T \u6280\u672f\u6709\u671b\u83b7\u5f97\u8fdb\u4e00\u6b65\u63a8\u52a8\uff0c\u5176\u4e2d MediaTek\uff08MTK\uff09\u7684 TPU \u76f8\u5173\u4ea7\u54c1\u9884\u8ba1\u53ef\u80fd\u5728 2028 \u5e74\u6210\u4e3a\u9996\u6279\u5927\u89c4\u6a21\u5ba2\u6237\u30026\uff09\u968f\u7740 Agentic AI \u548c\u63a8\u7406\u9700\u6c42\u5feb\u901f\u589e\u957f\uff0c\u4e91\u670d\u52a1\u5382\u5546\uff08CSP\uff09\u7684 RPO\uff08\u5269\u4f59\u5c65\u7ea6\u8ba2\u5355\uff09\u89c4\u6a21\u5df2\u7ecf\u8fbe\u5230 2.3 \u4e07\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f\u7ea6 3.5 \u500d\u3002VR \u5e73\u53f0\u6301\u7eed\u5347\u7ea7\uff0c2027 \u5e74\u673a\u67b6\u89c4\u6a21\u6216\u8d85\u8fc7 5 \u4e07\u5957\u745e\u7a57\u6307\u51fa\uff0cVR \u5e73\u53f0\u6574\u4f53\u63a8\u8fdb\u7b26\u5408\u9884\u671f\uff0c\u9884\u8ba1\u5c06\u5728 9 \u6708\u5b63\u5ea6\u63a8\u51fa\uff0c\u5e76\u4e8e 12 \u6708\u5b63\u5ea6\u8fdb\u5165\u89c4\u6a21\u5316\u722c\u5761\u9636\u6bb5\u3002\u9884\u8ba1 2026 \u5e74 NVL72 \u673a\u67b6\u51fa\u8d27\u91cf\u53ef\u80fd\u8fbe\u5230 2500-3000 \u5957\uff0c\u4e3b\u8981\u7531 Meta \u548c xAI \u7b49\u5ba2\u6237\u63a8\u52a8\u3002\u5c55\u671b 2027 \u5e74\uff0c\u745e\u7a57\u9884\u8ba1 VR \u673a\u67b6\u6570\u91cf\u5c06\u589e\u957f\u81f3 \u8d85\u8fc7 5 \u4e07\u5957\uff0c\u540c\u65f6 GB \u7cfb\u5217\u673a\u67b6\u6570\u91cf\u8d85\u8fc7 2 \u4e07\u5957\u3002\u4e0d\u8fc7\uff0cNVIDIA \u540e\u7eed\u589e\u957f\u4ecd\u5c06\u53d7\u5230\u4e24\u5927\u56e0\u7d20\u9650\u5236\uff1a\u4e00\u65b9\u9762\u662f CoWoS 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\u5c06\u91c7\u7528 256GB HBM4e\u3002\u867d\u7136\u5bb9\u91cf\u63d0\u5347\u6709\u9650\uff0c\u4f46 HBM4e \u7684\u4ef7\u683c\u9884\u8ba1\u4e0a\u6da8 70%\u2013100%\uff0c\u56e0\u6b64\u5b58\u50a8\u4ef7\u503c\u91cf\u4ecd\u5c06\u6301\u7eed\u63d0\u5347\u3002\u745e\u7a57\u8ba4\u4e3a\uff0c\u672a\u6765 Feynman \u53ef\u80fd\u91c7\u7528 768GB\/GPU\u3001HBM4e 16Hi \u914d\u7f6e\uff0c\u4f46\u4f9b\u5e94\u80fd\u529b\u53ef\u80fd\u6210\u4e3a\u9650\u5236\u56e0\u7d20\uff0c\u6700\u7ec8\u4ef7\u683c\u4ecd\u53d6\u51b3\u4e8e\u957f\u671f\u4f9b\u5e94\u534f\u8bae\uff08LTA\uff09\u3001\u6218\u7565\u5408\u4f5c\u534f\u8bae\uff08SCA\uff09\u4ee5\u53ca\u76f8\u5173\u4f9b\u5e94\u673a\u5236\u3002\u5149\u4e92\u8fde\u8fdb\u5165\u52a0\u901f\u671f\uff0cNPO \u5148\u884c\uff0cCPO 2028 \u5e74\u89c4\u6a21\u5316\u968f\u7740 AI 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Quantum-X\/Spectrum-X \u521d\u671f NPO\/CPO \u653e\u91cf\u9884\u8ba1\u4ece 2026 \u5e74\u5e95\u5f00\u59cb\uff1b? \u968f\u7740 VR-Ultra \u63a8\u8fdb\uff0c\u76f8\u5173\u9700\u6c42\u5c06\u5728 2028 \u5e74\u8fdb\u4e00\u6b65\u52a0\u901f\u3002\u745e\u7a57\u9884\u8ba1\uff1a? CPO\/Spectrum-X \u5728 2027 \u5e74\u51fa\u8d27\u91cf\u5c06\u8fbe\u5230\u7ea6 8\u4e07\u201310\u4e07\u5957\uff1b? 2028 \u5e74\u8fdb\u4e00\u6b65\u63d0\u5347\u81f3 13 \u4e07\u5957\u4ee5\u4e0a\uff1b? Spectrum-X6\/7 \u5360\u6bd4\u9884\u8ba1\u8d85\u8fc7 80%\u3002\u6b64\u5916\uff0c\u6fc0\u5149\u5668\u4f9b\u5e94\u5546\u4ea7\u80fd\u53ef\u4ee5\u5728 NPO \u548c CPO \u4e4b\u95f4\u7075\u6d3b\u5207\u6362\uff0c\u800c NPO \u4e2d\u6fc0\u5149\u5668\u4ef7\u503c\u91cf\u4e0e CPO \u63a5\u8fd1\uff0c\u751a\u81f3\u53ef\u80fd\u66f4\u9ad8\u3002CoWoS \u7ee7\u7eed\u9ad8\u901f\u589e\u957f\uff0cCoPoS\/EMIB-T \u6216\u6210\u4e3a\u4e0b\u4e00\u9636\u6bb5\u91cd\u70b9\u745e\u7a57\u9884\u8ba1\uff0c2027 \u5e74 CoWoS \u589e\u957f\u7387\u5c06\u8d85\u8fc7 75%\uff0c\u4e3b\u8981\u7531 NVIDIA \u548c Broadcom \u63a8\u52a8\u3002\u540c\u65f6\uff0cASX \u548c AMKR \u7b49\u5c01\u6d4b\u5382\u5546\u4ecd\u5b58\u5728\u8fdb\u4e00\u6b65\u589e\u957f\u7a7a\u95f4\uff0c\u5176 CoWoS \u4e1a\u52a1\u89c4\u6a21\u53ef\u80fd\u589e\u957f\u7ea6 2 \u500d\uff0c\u5e76\u5411 NVIDIA\u3001Broadcom\u3001AMD\u3001Marvell \u7b49\u5ba2\u6237\u4f9b\u8d27\u3002\u6b64\u5916\uff0c\u745e\u7a57\u8ba4\u4e3a Intel \u7684 EMIB-T \u6280\u672f\u826f\u7387\u5df2\u7ecf\u8d85\u8fc7 97%\uff0c\u5e76\u5f00\u59cb\u83b7\u5f97\u5ba2\u6237\u91c7\u7528\u3002\u5176\u4e2d\uff0cMediaTek\uff08MTK\uff09\u53ef\u80fd\u5c06 EMIB-T \u5e94\u7528\u4e8e TPUv9 \u5e73\u53f0\u3002\u5c55\u671b 2028 \u5e74\uff0cCoPoS\/EMIB-T \u7684\u91c7\u7528\u6709\u671b\u652f\u6301\uff1a? 8-12 \u500d\u5149\u7f69\u5c3a\u5bf8\uff1b? ASIC \u5355\u6b21\u6676\u5706\u4ea7\u51fa\u6570\u91cf\u63d0\u5347 5-10 \u500d\u3002\u76f8\u6bd4\u4e4b\u4e0b\uff0c\u76ee\u524d CoWoS-L \u7684\u5149\u7f69\u5c3a\u5bf8\u7ea6\u4e3a 5.5 \u500d\u3002\u903b\u8f91\u4e0e\u6280\u672f\uff0c\u6211\u4eec\u4f9d\u7136\u5728\u8def\u4e0a\uff01http:\/\/t.cn\/AXNgG7RY<\/a><\/p>\n\n\n\n \u3010\u58f9\u9706\u3011\u3010\u62db\u5546\u901a\u4fe1\u3011\u5468\u89c2\u70b9260816Lumentum\u3001Coherent\u3001AAOI\u4e1a\u7ee9\u4f1a\u53e0\u52a0JPM\u8bba\u575b\u7eaa\u8981\uff0c\u628aCPO\u3001NPO\u3001\u5149\u82af\u7247\u3001OCS\u7684\u6700\u65b0\u53e3\u5f84\u505a\u4e86\u4e00\u6b21\u96c6\u4e2d\u66f4\u65b0\u3002.\u73ab\u7470.OCS\uff1a\u62d0\u70b9\u52a0\u901f\u5411\u4e0a.\u592a\u9633.Lumentum\uff1a\u4e0b\u5b63\u5ea6\uff08CY26Q3\uff09\u5c06\u662f\u9996\u4e2a\u201ctriple-digit\u201dOCS\u6536\u5165\u5b63\u5ea6\uff0c\u4e14\u4f1a\u660e\u663e\u8d85\u8fc71\u4ebf\u7f8e\u5143\uff1bCY26H2 OCS\u6536\u51654\u4ebf\u7f8e\u5143\u76ee\u6807\u6309\u8ba1\u5212\u63a8\u8fdb\u3002\u5ba2\u6237\u81ea\u4f9b\u65b9\u9762\uff0cLumentum\u9884\u8ba12027\u5e74\u521d\u81ea\u8eab\u5c06\u8d85\u8fc7\u5ba2\u6237\u5185\u90e8\u4f9b\u5e94\uff0c\u6210\u4e3a\u7b2c\u4e00\u5927\u4f9b\u5e94\u5546\uff1bOCS roadmap\u4e5f\u5728\u6269\u5f20\uff0c\u5305\u62ec\u66f4\u9ad8\/\u66f4\u4f4e\u7aef\u53e3\u6570\u4ee5\u53ca\u201cspecialized in-tray\u201d\u4ea7\u54c1\u3002.\u592a\u9633.Coherent\uff1aOCS CY26Q2\u6536\u5165\u73af\u6bd4\u589e\u957f\uff0c\u9884\u8ba1FY27\uff08CY26H2-CY27H1\uff09\u663e\u8457\u589e\u957f\uff1b\u9664320×320\u5e73\u53f0\u5916\u8fd8\u6709\u5176\u4ed6\u7cfb\u7edf\u5c3a\u5bf8\uff1bTAM\u53e3\u5f84\u8d85\u8fc740\u4ebf\u7f8e\u5143\uff0c\u8986\u76d6DCI\u3001scale-out\u548cscale-up\u7f51\u7edc\uff1b\u6b63\u5728\u4e24\u4e2a\u5de5\u5382\u6269\u4ea7\u3002.\u73ab\u7470.CPO\uff1a \u5148scale-out\u9a8c\u8bc1\uff0cscale-up\u8d77\u91cf\u4ecd\u770bCY27H2\u4e4b\u540e.\u592a\u9633.Coherent\uff1a\u5f53\u524d\u6b63\u5728ramp\u7684CPO\u5c06\u5148\u8fdb\u5165scale-out\u5e94\u7528\uff0cCPO\u6536\u5165\u9884\u8ba1\u4eceCY26Q4\u5f00\u59cb\u8d21\u732e\uff1bscale-up\u9884\u8ba1CY27H2\u5f00\u59cb\u653e\u91cf\u3002\u7ba1\u7406\u5c42\u660e\u786e\u8868\u793a\u6ca1\u6709\u770b\u5230\u4efb\u4f55CPO\u9700\u6c42\u63a8\u8fdf\uff0c\u53cd\u800c\u770b\u5230\u9700\u6c42\u5728pull in\u3002.\u592a\u9633.Lumentum\uff1alead CPO\u5ba2\u6237\u5df2\u7ecf\u5728scale-out\u53d1\u8d27\uff1bultra-high power\u6fc0\u5149\u82af\u7247\u9700\u6c42ramp\u9884\u8ba1\u5728CY27H2\uff0c\u9886\u5148\u4e8e\u5ba2\u62372028\u5e74scale-up\u90e8\u7f72\u3002\u516c\u53f8\u5df2\u62ff\u5230\u9996\u4e2a\u5916\u90e8ELS\u6a21\u5757\u8ba2\u5355\uff0c\u4ea4\u4ed8\u65f6\u95f4\u4e3aCY27H2\uff08ELS\u53ef\u540c\u65f6\u652f\u6301\u5ba2\u6237\u7684CPO\u548cNPO\u7cfb\u7edf\uff09\u3002.\u592a\u9633.AAOI\uff1aCPO\u5b9e\u8d28\u6027\u91c7\u7528\u9884\u8ba1CY28H1\uff0c\u521d\u59cb\u90e8\u7f72\u53ef\u80fd\u4eceCY27\u5e74\u5e95\u5f00\u59cb\u3002.\u592a\u9633.650 Group\uff1aCPO\u5148\u505ascale-out\u3001\u65e9\u671f\u91cf\u6709\u9650\uff1bscale-up\u4e2dCPO\u4e0e\u63d2\u62d4\u5f0f\u5149\u6a21\u5757\u7684\u89c4\u6a21\u4ea4\u53c9\u70b9\u9884\u8ba1\u8981\u52302031\u5e74\u5de6\u53f3\uff0c\u63d2\u62d4\u5f0f\u5149\u6a21\u5757\u5728\u672c\u5341\u5e74\u5185\u4ecd\u5177\u7ed3\u6784\u6027\u91cd\u8981\u6027\u3002.\u73ab\u7470.NPO\uff1a \u7a76\u7adf\u662fCPO\u524d\u7684\u8fc7\u6e21\u6001\u8fd8\u662f\u957f\u671f\u5e76\u5b58\u5e26\u6765\u7684TAM\u6269\u5f20\uff1f\u53e3\u5f84\u7565\u6a21\u7cca.\u592a\u9633.Lumentum\uff1a\u5728\u4e1a\u7ee9\u4f1a\u4e0a\u628aNPO\u63cf\u8ff0\u4e3a\u5ba2\u6237\u6700\u7ec8\u91c7\u7528CPO\u4e4b\u524d\u7684\u201cintermediate step\u201d\uff0c\u4f46\u5728JPM\u8bba\u575b\u628aNPO\u5b9a\u4f4d\u4e3a\u201cTAM expander\u201d\u3001\u201crather than a transitional bridge\u201d\u3002\u2460CPO\u4ecd\u96c6\u4e2d\u5728\u5355\u4e00\u5ba2\u6237\uff0c\u800cNPO\u6709\u7ea66\u4e2a\u91cd\u8981\u5ba2\u6237\u673a\u4f1a\uff1b\u2461\u5149\u901a\u9053\u5bc6\u5ea6\u6bd4CPO\u8fd8\u9ad8\uff0c\u80fd\u5b9e\u73b0CPO\u7ea685%\u7684\u6536\u76ca\uff0c\u4f46\u590d\u6742\u5ea6\u4f4e25%\u3002\u6536\u5165\u53e3\u5f84\u4e0a\uff0c\u7ba1\u7406\u5c42\u9884\u8ba1CY26Q4\u8fbe\u52300.5-1\u4ebf\u7f8e\u5143\uff0cCY27Q1\u7a81\u78341\u4ebf\u7f8e\u5143\uff1b\u8fd1\u671f\u9700\u6c42\u4fe1\u53f7\u4e0a\u884c\u504f\u5411scale-up\uff0c\u4f46scale-up\u90e8\u5206\u8981\u5230CY27H2\u624d\u8d21\u732e\u6536\u5165\u3002.\u592a\u9633.Coherent\uff1aNPO\u548cCPO\u53ea\u662fform factor\u4e0d\u540c\uff0ccontent\u57fa\u672c\u53ef\u6bd4\uff0c\u5ba2\u6237\u4f1a\u6839\u636e\u81ea\u8eab\u67b6\u6784\u9009\u62e9\uff1b\u516c\u53f8\u8fd8\u8ba1\u5212\u57289\u6708ECOC\u53d1\u5e03PhotonLink\u5e73\u53f0\uff0c\u8986\u76d6\u5149\u4fe1\u53f7\u94fe\u5168\u73af\u8282\uff0c\u652f\u6301CPO\/NPO\uff0c\u9884\u8ba1CY26Q4\u5f00\u59cb\u8d21\u732e\u6536\u5165\uff1b\u90e8\u5206NPO\u5ba2\u6237\u6700\u7ec8\u4f1a\u8f6c\u5411CPO\uff0c\u90e8\u5206\u76f4\u63a5\u4e0aCPO\u3002.\u592a\u9633.Ranovus\uff1aNPO\u548cCPO\u5e76\u884c\u63a8\u8fdb\uff0c2027\u5e74\u6536\u5165\u9884\u8ba1\u8d85\u8fc7\u4e00\u534a\u6765\u81eaNPO\uff0cCPO\u5408\u540c2028\u5e74\u5f00\u59cb\u4e0a\u91cf\u3002.\u592a\u9633.650 Group\uff1a\u628aNPO\u5b9a\u4f4d\u4e3a\u201cpragmatic intermediate step\u201d\uff0c\u4e3b\u8981\u56e0\u4e3a\u5236\u9020\u4e0a\u53ef\u4ee5\u7ed5\u5f00\u53f0\u79ef\u7535COUPE\u5e73\u53f0\uff0cAmazon\u3001Nvidia\u548cBroadcom\u90fd\u5728\u63a2\u7d22NPO\u3002.\u592a\u9633.AAOI\uff1aNPO engagement\u6bd4\u524d\u51e0\u5e74\u66f4\u6d3b\u8dc3\uff0c\u4f46\u4ecd\u662f\u4ece\u5c5e\u4e8eCPO\u5927\u8d8b\u52bf\u7684\u589e\u91cf\u3002.\u73ab\u7470.CW\u5149\u6e90\u5f62\u6001\uff1a \u5916\u7f6eELS\u5148\u884c\uff0c\u5185\u7f6e\u65b9\u68482028\u8d77\u91cf.\u592a\u9633.Lumentum\uff1aNPO\u5b58\u5728\u4e24\u79cd\u6fc0\u5149\u65b9\u6848\u2014\u2014\u5916\u7f6eELS\u4f7f\u7528\u9ad8\u529f\u7387\u6fc0\u5149\uff0c\u5185\u7f6e\u65b9\u6848\u4f7f\u7528\u4e2d\u529f\u7387\u6fc0\u5149\uff1b\u516c\u53f8\u6fc0\u5149\u5bb6\u65cf\u8986\u76d6120mW\/150mW\/400mW\u4e09\u6863\u8f93\u51fa\u3002\u4ece\u5f53\u524d\u8ba2\u5355\u548c\u53ef\u89c1\u5ea6\u770b\uff0c\u5916\u7f6eELS\u65b9\u6848\u5148\u884c\uff0c\u5185\u7f6e\u65b9\u6848\u9884\u8ba12028\u5e74\u624dramp\uff0c\u4e14\u5185\u7f6e\u65b9\u6848\u5c01\u88c5\u590d\u6742\u5ea6\u66f4\u9ad8\u3001\u4ef7\u503c\u63a5\u8fd1ELS\u3002.\u592a\u9633.Coherent\uff1a200G VCSEL\u8fdb\u5c55\u987a\u5229\uff0c\u9884\u8ba1\u5728NPO\u7b49\u96c6\u6210\u5149\u5b66\u573a\u666f\u83b7\u5f97\u91c7\u7528\uff0c\u516c\u53f8\u6b63\u4e0e\u5ba2\u6237\u5408\u4f5c\u63a8\u8fdb\u76f8\u5173\u5e94\u7528\u3002.\u592a\u9633.Ranovus\uff1a\u81ea\u7814\u6fc0\u5149\u540c\u65f6\u652f\u6301\u5185\u7f6e\u5149\u5f15\u64ce\u548c\u5916\u7f6eELS\u4e24\u79cd\u5c01\u88c5\uff0c\u5bf9\u6fc0\u5149\u4e0e\u5149\u5f15\u64ce\u7684\u4ef7\u503c\u5206\u914d\u4e0d\u654f\u611f\u3002.\u73ab\u7470.\u9ad8\u529f\u7387CW\uff1a \u4f9b\u4e0d\u5e94\u6c42\u52a0\u5267.\u592a\u9633.Lumentum\uff1aCW\u5149\u6e90\u5df2\u4ee5\u201crelatively meaningful\u201d\u7684\u65b9\u5f0f\u51fa\u8d27\u5230200G per lane\u7845\u5149\u5e94\u7528\uff1b\u901a\u8fc7\u7f29\u5c0fdie size\uff0cCW\u4e0eEML\u7684\u5229\u6da6\u7387\u5dee\u8ddd\u5927\u5e45\u6536\u7a84\uff0cEML\u4ecd\u66f4\u597d\u4f46\u5dee\u8ddd\u5df2\u660e\u663e\u7f29\u5c0f\u3002\u4e2d\u56fd\u7ade\u4e89\u65b9\u9762\uff0c\u7ba1\u7406\u5c42\u8ba4\u4e3a150mW\u4ee5\u4e0a\u5e02\u573a\u5b58\u5728\u53ef\u9632\u5b88\u7684\u5dee\u8ddd\u3002\u9ad8\u529f\u7387\u5149\u6e90\u662f\u7ba1\u7406\u5c42\u8868\u8ff0\u4e2d\u53d8\u5316\u6700\u5927\u7684\u65b9\u5411\u2014\u2014\u9700\u6c42\u4fe1\u53f7\u589e\u5f3a\uff0c\u800c\u516c\u53f8\u4f9b\u5e94\u80fd\u529b\u8fdc\u8fdc\u843d\u540e\uff0c\u4e0a\u5b63\u5ea6\u7d27\u6025\u7b7eAXT\u886c\u5e95\u957f\u7ea6\u5373\u6e90\u4e8e\u6b64\u3002.\u592a\u9633.Coherent\uff1a6\u82f1\u5bf8InP\u4ea7\u7ebf\u8986\u76d6EML\u3001CW\u3001\u5149\u7535\u63a2\u6d4b\u5668\uff0c\u826f\u7387\u6301\u7eed\u597d\u4e8e3\u82f1\u5bf8\uff1b\u7528\u4e8eCPO\u7684\u8d85\u9ad8\u529f\u7387CW\u6fc0\u5149\u5df2\u5f00\u59cb\u751f\u4ea7ramp\uff0c\u6536\u5165\u9884\u8ba1CY26Q4\u5f00\u59cb\u8d21\u732e\u3002.\u592a\u9633.AAOI\uff1a\u9ad8\u529f\u7387\u7a84\u7ebf\u5bbd\u6fc0\u5149\u7a00\u7f3a\uff0c\u5df2\u6709\u90e8\u5206CPO\u5ba2\u6237\u8ba4\u8bc1\u901a\u8fc7\uff0c\u5ba2\u6237\u53cd\u9988\u6027\u80fd\u9886\u5148\uff0c\u4f46\u4ea7\u80fd\u65e0\u6cd5\u652f\u6491\u7b2c\u4e00\u4ee3\u5916\u90e8\u4f9b\u5e94\u3002\u77ed\u671f\u53d7\u5185\u90e8\u5149\u6a21\u5757\u6fc0\u5149\u9700\u6c42\u6324\u538b\uff0c\u9ad8\u529f\u7387\u7a84\u7ebf\u5bbd\u6fc0\u5149\u6682\u4e0d\u5916\u4f9b\u3002\u91cd\u70b9\u5728\u5916\u7f6eELSFP\uff0c\u8ba1\u52122028\u5e74\u4ea7\u80fd\u7ea640\u4e07\u53ea\/\u6708\uff1b\u5176\u8ba4\u4e3a\u4e2d\u56fd\u5382\u5546\u505a300mW\u4ee5\u4e0aCPO\u6fc0\u5149\u81f3\u5c11\u8fd8\u97002-3\u5e74\uff0c\u886c\u5e95\u4f9b\u5e94\u5df2\u9501\u5b9a\u81f3\u660e\u5e74\u5e74\u5e95\u3002.\u73ab\u7470.EML\u82af\u7247\uff1a\u91cf\u4ef7\u9f50\u5347\uff0cbacklog\u5ef6\u4f38\u81f32028\/2029.\u592a\u9633.Lumentum\uff1a\u7ef4\u6301CY26Q4\u7684EML\u51fa\u8d27\u91cf\u540c\u6bd4 50%\u4ee5\u4e0a\u76ee\u6807\uff1b200G EML\u5360EML\u6536\u5165\u5df2\u8d85\u8fc725%\uff0c\u9884\u8ba12027\u5e74\u4e2d\u5360\u51fa\u8d27\u91cf50%\u4ee5\u4e0a\uff1bEML 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